CFA知识点家做题是很多备考的模式，在CFA冲刺备考阶段做题是很必要的，那在CFA一级考试中是不是掌握了CFA知识呢？如果你在备考CFA一级考试这边有CFA一级考试题！

1、Assume that a company with several debt issues trading in the market files for bankruptcy (i.e., a credit event takes place). What is the cheapest-to-deliver obligation for a CDS contract where the reference bond is a five-year senior unsecured bond?

A. A subordinated unsecured bond trading at 20% of par

B. A five-year senior unsecured bond trading at 50% of par

C. A two-year senior unsecured bond trading at 45% of par

解析：选C。A项属于次级债券，不符合CDS的承保条件。然后相比于50%，45%要小一些。


2、A company borrows €15 million from a bank for 1 year at a rate of LIBOR, currently 4.75%, plus 50 basis points. At the same time, the company enters a 1-year, plain vanilla interest rate swap to pay the fixed rate of 5.25% and receive LIBOR. Payments are made on the basis of 180 days in the settlement period. Floating payments are made on the basis of 360 days in a year while fixed payments are made on the basis of 365 days in a year. LIBOR is 5.00% on the first settlement date. The company’s total interest expense for the loan and swap for the first settlement period is closest to:【单选题】

A.€388,400.

B.€425,900.

C.€444,600.

正确答案:B

解析：The company pays the swap dealer the fixed rate of 5.25%, pays the bank Libor of 4.75% (as set at the beginning of the period) plus .50% and receives Libor of 4.75% from the swap dealer.

Fixed payment: (15,000,000)(.0525)(180/365) = 388,356

Floating payment: (15,000,000)(.0475+.005-.0475)(180/360) = 37,500

Net interest expense: 425,856

CFA考试题是不是不用做了？CFA考试知识掌握来了？如果你觉得CFA考试能通过你可以不做CFA考试题了，这边有CFA模拟机考测试，有需要可以参与！